California passes bill to accept crypto for state payments
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payme...
Stablecoin payments climb 45% to $482B as Visa, Mastercard and Stripe bridge crypto and cash
The rise in stablecoin payments highlights a shift towards digital transactions, potentially reshaping financial systems and marke...
Borderless.xyz report finds stablecoin payments beat bank FX rates
Stablecoin payments' efficiency over banks could reshape cross-border transactions, emphasizing dynamic provider selection to mini...
French Assembly Narrowly Adopts Stablecoin Swap Tax Proposal
If passed, the measure would subject French cryptocurrency holders to a 31.4% capital gains tax each time they exchange a cryptocu...
Coinbase and Marqeta Bring 24/7 Stablecoin Card Spending to Millions of Merchants
Key Takeaways: Coinbase and Marqeta are taking a stab at stablecoin-based cards. Coinbase infrastructure makes it easy for busines...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...